Honorable Brooks Landgraf, Chair, House Committee on Environmental Regulation
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4885 by Landgraf (Relating to the Texas Emissions Reduction Plan.), As Introduced
No fiscal implication to the State is anticipated.
The Texas Emissions Reduction Plan (TERP) Trust Fund No. 1201 (TERP Trust Fund) is located outside the Treasury. According to the Commission on Environmental Quality, all available funding under the TERP program's statutory cap ($16,000,000) funded through the TERP Trust Fund has been allocated to operate the program. This analysis assumes that the agency would make allocation adjustments as necessary under the statutory program administrative cap to implement the provisions of the bill.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 582 Commission on Environmental Quality